The Cabinet approved the Unified Pension Scheme (UPS) for 23 lakh central government employees, ensuring a pension of 50% of their last drawn salary for those serving 25 years or more. The new scheme, effective from April 1, 2025, offers post-retirement inflation-linked increments and a minimum pension of ₹10,000 for employees with at least 10 years of service.
Unified Pension Scheme: How is it different from National Pension Scheme
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